A 78-unit apartment building in Chicago’s Logan Square has sold for almost $31 million in a deal that was boosted by a rarity in today’s difficult debt markets: a low-interest, long-term loan that buyer Fifield Companies could assume.
Loan Assumption Boosts Nearly $31 Million Apartment Sale in Chicago’s Logan Square
Fifield Companies Cites Ability To Take Over 4.05% Interest-Rate Loan as Key Factor in Buying 78-Unit Building
By Ryan Ori
CoStar News
April 26, 2023 | 9:24 P.M.
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IN THIS ARTICLE
- Properties
- MODE Logan Square
1950 Campbell Ave, Chicago, IL
- Companies
- Fifield Companies
Construction
- Tandem
Construction